Jimmaria

111 posts

Jimmaria

Jimmaria

@Psyc0slD

Katılım Aralık 2022
0 Takip Edilen1 Takipçiler
Jimmaria
Jimmaria@Psyc0slD·
@KarmaCollects Lord help whoever listens because someone has to eat ice
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Honey 🛼
Honey 🛼@honeymoon250·
Men, what’s preventing you from dressing like this?
Honey 🛼 tweet media
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Val
Val@TrumpsHurricane·
What exactly do Men Deal With ?? 🤔
Val tweet media
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Jimmaria
Jimmaria@Psyc0slD·
@tupacabra It's a mis translation... Meaning lunar cycles. Which brings them into age ranges or 80-100 years
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TUPACABRA
TUPACABRA@tupacabra·
🤯 "Some of these kings reigned for like 40,000 years!?" Rogan finds out the Sumerian Kings List says pre-flood kings lived for tens of thousands of years. The list would be easily dismissed but the post flood kings on the list are all historically accurate.
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The Disrespected Trucker
The Disrespected Trucker@DisrespectedThe·
Dollar General employee gets caught running a fraudulent return scheme.
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G-PA INDY
G-PA INDY@GPAIndiana·
Grandpa Rock Playlist 💕 I’m feeling old now 😂😂
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American AF 🇺🇸
American AF 🇺🇸@iAnonPatriot·
Black woman CRIES because she has to go to work, since her food stamps are getting cutoff.. “I’m a black woman in America.. scared for my life — and I STILL have to go to work…”
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Johnny Star Spangle
Johnny Star Spangle@JohnnyStarSpan·
@theamelia__ Yes,yes I am weird, but me admitting that means I can get better. This now begs the question "Are YOU weird ?" Farrago ensues...
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Jimmaria
Jimmaria@Psyc0slD·
@Drowlord101 @bennyjohnson Clean up WallStreet, implement nominal high frequency trading fees, collect fines seeing as 80% are never collected, make fines LARGER than the amount benefited from breaking the rules. You wave your hand over here to peanuts and ignore the elephant
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Dr. Owlo R.D.
Dr. Owlo R.D.@Drowlord101·
You really need to cut medicare, medicaid, and social security. You can't balance the budget without chopping those down. These three items plus interest on our debt put us deeper in debt, even if we were to cut out everything else. There simply is no future with these programs in their current form.
Dr. Owlo R.D. tweet media
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Benny Johnson
Benny Johnson@bennyjohnson·
I’m convinced we could pay off our entire national debt by doing 3 simple things: 1. Ban all non-citizens from welfare programs 2. Strict, enforceable work requirement for EBT/SNAP/Section 8 3. Mass prosecute welfare fraud with federal prison time for stealing from taxpayers
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Jimmaria
Jimmaria@Psyc0slD·
@bennyjohnson Even easier... Clean up naked shorting and high frequency trading ... Implement a .005 fee on every trade... But keep the focus on the lower class you cucking cuck
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Shreyy
Shreyy@sad5ky·
Help, what do I do?
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Crypto Talks
Crypto Talks@CryptoTalksPod·
Alright, I've been seeing the #XRP maxis start spamming the 589 USD price target on X again, so let’s dive into why the idea of $XRP reaching $589 per coin is utterly absurd and expose just how ridiculous this number is. Some XRP enthusiasts genuinely believe this price is achievable, but when you crunch the numbers and stack them against real-world benchmarks, it’s clear this is more fantasy than finance. Let’s break it down step by step and hammer the point home. The Market Cap Madness First, let’s calculate what XRP’s market capitalization (market cap) would be if it hit $589 per coin. XRP has a maximum supply of 100 billion coins, so the math is simple: Market Cap = 100,000,000,000 coins × $589/coin = $58,900,000,000,000 That’s $58.9 trillion. Just sit with that number for a second. Now, let’s put it in perspective using the global housing market, one of the largest and most tangible asset classes on the planet. - The total value of the global housing market is estimated at around $280 trillion. This includes every house, apartment, and commercial property worldwide—centuries of construction, ownership, and economic activity. If XRP reached $589 per coin, its market cap would be 21% of that, or $58.9 trillion. That’s right—a single cryptocurrency, mostly used for cross-border payments, would be worth a fifth of all real estate on Earth. - Does that sound remotely plausible? Imagine telling someone that a digital token could rival a chunk of the world’s homes and buildings. They’d think you’ve lost it. To push the absurdity further, the global stock market capitalization is about $100 trillion. At $589, XRP would be worth more than half of all stocks globally—companies like Apple, Microsoft, and Amazon combined. Stocks represent real businesses with profits, employees, and products. - XRP? It’s a tool for moving money faster. The comparison is laughable. And here’s the kicker: the total market cap of all cryptocurrencies combined is currently around $2 trillion. XRP at $589 would be worth 30 times the entire crypto market. That’s like saying XRP alone is more valuable than Bitcoin, Ethereum, and every other coin put together—by a factor of 30. Insanity. Supply and Demand: An Impossible Leap XRP’s massive supply of 100 billion coins makes this price target even more ridiculous. Price increases require capital inflows, and with a supply this large, the numbers get out of hand fast: To move XRP from $1 to $2 per coin, you’d need an additional $100 billion in market cap. That’s a lot, but conceivable. To hit $589 from, say, $1, you’d need an additional $58.8 trillion. That’s more than twice the GDP of the United States, which is around $25 trillion. You’d need an influx of cash larger than the annual economic output of the world’s biggest economy—times two—just to prop up XRP’s price. - Who’s buying? - Where’s that money coming from? It’s not just impractical; it’s economically impossible. XRP’s Use Case: Useful, But Not $58.9 Trillion Useful. XRP’s primary role is facilitating cross-border payments and liquidity provision—think banks and payment providers using it to settle transactions quickly. It’s a solid use case, but let’s see if it justifies a $58.9 trillion valuation. The global remittance market (cross-border money transfers) was worth about $700 billion in 2023. - Even if XRP somehow captured 100% of that market—an insane assumption—its market cap wouldn’t need to be $58.9 trillion. The value of transactions processed doesn’t equal the value of the token. For example, VISA processes over $10 trillion in transactions yearly, but its market cap is only $500 billion—a tiny fraction. XRP at $589 would imply a valuation 84 times the entire remittance market. That’s not utility; that’s delusion. The broader global payments market (all transactions, not just remittances) is worth trillions annually, but again, the token’s market cap doesn’t scale with transaction volume. - XRP could process billions daily and still not need a $58.9 trillion valuation to function. Counterarguments from X: Let’s Debunk Them XRP maxis on X throw out some wild claims to justify $589. Let’s tackle the big ones and show why they don’t hold water. "XRP will capture a huge portion of global payments." Sure, let’s say XRP handles 10% of the world’s payments. Global payment volume is around $2 quadrillion annually (including all financial flows). That’s a lot, but the token’s market cap isn’t tied to that total—it reflects demand to hold XRP, not use it. - Visa’s $500 billion market cap supports $10 trillion in transactions. XRP could process trillions and still be worth far less than $58.9 trillion. The argument falls apart when you realize utility doesn’t mean astronomical token value. "XRP’s deflationary nature will drive the price up." XRP has a burn mechanism where small amounts are destroyed per transaction, but with 100 billion coins, it’s a drop in the bucket. - Even burning millions over years wouldn’t shrink the supply enough to justify $589. At the current rate, it’d take centuries to make a dent. This isn’t Bitcoin with its 21 million cap—XRP’s supply is too massive for scarcity to drive it that high. "Institutional adoption will push it to $589." Banks might use XRP for liquidity, but they don’t hoard it—they buy and sell it instantly to facilitate transfers. - That’s not the same as retail investors stacking Bitcoin as a store of value. Institutional use could boost XRP’s price, but not to $589—there’s no mechanism for that kind of demand with a 100 billion coin supply. "XRP could become a global reserve currency." This is peak hopium. - A reserve currency needs stability, universal trust, and government backing—none of which XRP has. Even if it magically replaced the dollar, the supply is too large to hit $589 without hyperinflation-level adoption. The U.S. dollar’s “market cap” (M2 money supply) is about $21 trillion. XRP at $589 would be triple that. It’s a fantasy unsupported by economics. The Housing Market Comparison: Absurdity 101 Let’s circle back to the global housing market to really drive this home. At $589 per coin, XRP’s $58.9 trillion market cap would be 21% of the $280 trillion global real estate value. Picture this: Every house, apartment, office building, and strip mall in the world—worth $280 trillion. XRP, a digital token for wiring money, worth $58.9 trillion, or a fifth of that total. That’s like saying XRP is worth the combined real estate of entire continents. - Houses have intrinsic value—people live in them, rent them, and build economies around them. XRP moves money between banks. It’s not a productive asset; it’s a utility tool. The idea that it could be worth a fifth of all global property is so detached from reality it’s almost comical. The Final Nail: Quantifying the Insanity To reach $589, XRP’s market cap would be: #1 - 30x the entire crypto market ($2 trillion). #2 - More than half the global stock market ($100 trillion). #3 - Twice the U.S. GDP ($25 trillion). #4 - A fifth of the global housing market ($280 trillion). And that’s with a supply of 100 billion coins, requiring $58.8 trillion in new capital to get there from $1. That’s not a moonshot—it’s a trip to another galaxy. - No adoption scenario, no payment volume, no institutional hype justifies this. It’s not just unlikely; it’s mathematically and economically absurd. A Reality Check XRP has potential—maybe it climbs to $5 or $10 with adoption. But $589? That’s not a prediction; it’s a fever dream. If you’re an XRP holder banking on this, take a step back. The numbers don’t lie, and they’re screaming one thing: $589 is stupidly, laughably unrealistic. The housing market comparison alone should make that crystal clear. Time to ground those expectations in reality. If you learned something new from this, or found it fun to read, please share this post and follow us - we're about to get a whole lot more active here on X shortly. Don't be afraid to leave your thoughts on this in the comments! Cheers. #crypto #Bitcoin #Solana #ethereum
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Jimmaria
Jimmaria@Psyc0slD·
@itzjoshuajake Of course they want you to give them XRP at cheap... I hope no one is dumb enough to do that
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Joshua Jake
Joshua Jake@itzjoshuajake·
BREAKING: You can NOW spend your $XRP at Walmart $10,000 inbound 🚀🚀🚀
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Maartunn
Maartunn@JA_Maartun·
🚨 NOW: Chris Larsen (Ripple co-founder) just offloaded 50M $XRP (worth ~$120M) in the past hour. Still buying the hype? He’s cashing out. You’re holding the bag.
Maartunn tweet media
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Leading Report
Leading Report@LeadingReport·
BREAKING: President Trump says gas prices will drop below $2 soon.
Leading Report tweet mediaLeading Report tweet media
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